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Copper forms Bullish Gartley pattern, good to buy at dips

Dec 04, 2015 03:42 am UTC| Technicals

Pattern formed -Bullish Gartley pattern Potential Reversal Zone (PRZ) - 2.025 Any break below 2.025 will drag the commodity down till 2. On the higher side major resistance is around 2.070 and break above targets...

S&P 500 forms bullish cypher pattern, good to buy at dips

Dec 04, 2015 03:27 am UTC| Technicals

Harmonic Pattern formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) - 2020 The index has broken major support 2060 and declined till 2041 (50 day MA). It is currently trading around 2056 level. It...

FxWirePro: EUR/USD key support at 1.0750, upside prevails in the short term

Dec 03, 2015 19:13 pm UTC| Technicals

The EUR/USD has surged sharply towards 1.0930 levels, after buyers stepped in after the hawkish comments from ECBs Draghi earlier in todays ECB press conference. The pair is currently trading in overbought condition and a...

FxWirePro: USD/JPY key support at 122.80, bullish in the short term

Dec 03, 2015 15:24 pm UTC| Technicals

The USD/JPY pair slipped towards 122.85 levels after hawkish comments from ECBs Draghi, however the pair pulled back some losses after the US market opened. Currently the pair is trading around 123.25 levels, a short dip...

FxWirePro: USD/CAD key support at 1.3290, buy deals are recommended around 1.3340

Dec 03, 2015 14:50 pm UTC| Technicals

USD/CAD slipped backwards towards 1.3290 levels after bullish ECB meeting. However, after finding support at 1.3290 the pair has rebounded back reversing the early losses. further decline is expected to be limited around...

GBP/AUD breaks major support 2.050, decline till 2 is possible.

Dec 03, 2015 12:30 pm UTC| Technicals

GBP/AUD has broken major support 2.0500 and declined till 2.037. Overall trend is weak as long as resistance 2.080. The pairs minor support is around 2.0350 and any break below 2.0350 will drag the pair further down till...

FxWirePro: BTC/EUR faces strong support around $325, good to buy at dips

Dec 03, 2015 12:20 pm UTC| Technicals

BTC/EUR has recovered after making a low of 328. Intraday trend is still bullish as long as support 325 holds. On the higher side minor resistance is around 350 and break above targets 363/382. Any break below 325 will...

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Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Could Sam Altman's World Chain's Ethereum L2 Upgrade Push WLD Price to $10?

World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to...

XRP Poised for Breakout if Market Demand Holds Strong at Key Support Level

XRP, Ripples native cryptocurrency, saw heightened market activity and price stability at its $0.505 support level, climbing to $0.523 in Fridays early trading. With a 43% increase in volume, investor sentiment appears...

Veteran Trader Sees Ethereum Dropping to $1,551 Amid Unmet Bearish Target and Analyst Warnings

Ethereums price faces a potential downward shift, with veteran trader Peter Brandt predicting a drop to $1,551 amid bearish chart structures. While some analysts see a 10-20% downside, others anticipate a reversal...

Shiba Inu Burn Rate Soars by 252,910%, as SHIB Price Dips and Experts Call for Caution

Shiba Inus token burn rate skyrocketed 252,910% in the past day, prompting a stark warning from experts who urge investors to remain cautious despite potential price boosts. This burn surge comes as SHIB prices experience...
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